Moj News Agency, Iran
August 24, 2008 Sunday
Iran, Armenia Agreement on Gas-Electricity Swap
Referring to Tehran and Yerevan talks in Armenia on August 20, Rasoul
Salmani told that based on the agreement Iran will export 3 million
cubic meters of its gas to Armenia, per day in lieu of 9 million
kilowatt hour electricity. The agreement covers a period of 20 years,
he added. Tehran and Yerevan are currently constructing a 140-km
pipeline to carry natural gas from gas-abundant Iran to Armenia. Once
completed, the 220-million-dollar pipeline would provide Armenia with
an alternative to the gas it now imports from Russia. For each cubic
meter of Iranian gas, Armenia will return 3 kilowatt hours of
electricity to Iran. 2008/08/24
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